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Brazil plans steeper reduction of key fiscal target -document
Reuters* Gov't plans to deduct $22 bln from primary budget goal * Lower goal means gov't to up spending, give tax breaks By Jeferson Ribeiro BRASILIA, May 21 (Reuters) - The Brazilian government has further lowered its primary budget surplus target for this...Tags: Dilma Rousseff, Economy, Business and Finance, Finance, Productivity, Moody's Corporation
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In Ukraine, no way to avoid a bumpy ride
ReutersKIEV (Reuters) - As the snow and ice began to melt in Ukraine this spring, exposing fresh cracks and potholes in the roads, hundreds of motorists gathered outside a government building carrying unusual burdens. They laid them down like funeral wreaths --...Tags: Elections, Government, Finance, Transportation, Road Transportation
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IMF says Egypt budget gap worrying, urges Yemen to finalize economic program
ReutersDUBAI (Reuters) - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic program, a senior IMF official said. "We are ready to...Tags: Egypt, Hosni Mubarak, Finance, Budgets and Budgeting, Dubai (United Arab Emirates)
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2 Fed presidents at odds on bank's role in economic recovery
It's a family feud Federal Reserve-style as Chicago Federal Reserve President Charles Evans and Dallas Federal Reserve President Richard Fisher argue in polite fashion about what the central bank has accomplished by tinkering with the economy. Evans...
Tags: Money and Monetary Policy, Financial Markets, Central Bank, Federal Reserve, Federal Reserve Bank of Chicago
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Exclusive: Japan Inc. averse to further yen drop, poll finds
ReutersTOKYO (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilize or recover ground, rather than continue a slide that will increasingly raise their costs. About...Tags: Research, Manufacturing and Engineering, Exports, Nikkei, Canon Inc.
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Subsidy reform dispute imperils Morocco's ruling coalition
ReutersBy Aziz El Yaakoubi RABAT, May 20 (Reuters) - Morocco's junior government party is threatening to quit the coalition unless Islamist prime minister Abdelilah Benkirane moderates plans for sweeping cuts to subsidies on food and energy. Increased...Tags: Rabat (Morocco), Government, National Government, Morocco, Politics
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IMF urges Montenegro to close aluminum plant to cut debt
ReutersPODGORICA (Reuters) - Montenegro should shut down the loss-making aluminum plant that is the country's biggest single industrial employer to stem a sharp rise in its public debt, the International Monetary Fund said. The partly state-owned Kombinat...Tags: Podgorica (Montenegro), International Organizations, Credit and Debt, Oleg Deripaska, Economic Indicator
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Cyprus banks look beyond bailout to gas opportunities: industry head
ReutersNICOSIA (Reuters) - Cyprus must swiftly recapitalize its banks following the island's bailout so they can begin lending again, the head of its banking association said, adding that offshore gas could be the economy's new engine. Under the 10 billon...Tags: South Korea, Economy, Business and Finance, Cypriot Banking Crisis (2013), Cyprus, European Union
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Cause for hope -- and fear -- in Pakistan
There is reason for hope in Nawaz Sharif's victory in the recent Pakistani elections. Sharif, who has twice served as Pakistan's prime minister, has said he wants to build a more robust democracy, revive the country's shattered economy and end the...
Tags: Al-Qaeda, Barack Obama, Government, Religion and Belief, Pakistan
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Greece to sell Postbank, Proton in July, stress-test big banks
ReutersATHENS (Reuters) - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection...Tags: Economy, Business and Finance, Finance, European Union, Restructuring and Recapitalization
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Glance: A look at the key institutions involved in the European Union's economy
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions involved in Europe's economic policymaking:...Tags: Mario Draghi, European Central Bank, Money and Monetary Policy, Finance, Central Bank
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INVESTMENT FOCUS-Top four central banks may change the tune
ReutersBy Mike Dolan LONDON, May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top...Tags: Credit Ratings, Mario Draghi, Banking, Inflation and Deflation, European Central Bank
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 19, 2013
|Story| Los Angeles Times
May 19, 2013
|Story| Reuters
May 18, 2013
|Story| AP Broadcast
May 17, 2013
|Story| Reuters
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